This is according to PwC Africa Entertainment and Media Outlook 2025–2029 just released.The report attributes this growth to Africa’s expanding middle class, rising disposable incomes, rapid urbanisation, and a young, connected population hungry for new experiences. Post-pandemic, consumers are spending more on leisure, online content, and live performances, signalling a long-term shift toward entertainment-led consumption.
Nigeria, South Africa, and Kenya collectively generated over $1 billion in 2024 from live music ticket sales, gaming, and OTT streaming highlighting the continent’s accelerating digital entertainment economy.A breakdown of revenue by sector South Africa remains the region’s entertainment powerhouse, earning across live music, gaming, and OTT streaming:Live music ticket sales: $76 million (R1.4 billion), with a 5.9% CAGR projected through 2029.Gaming revenue: $296 million (R5.5 billion), with a 4.6% CAGR.OTT streaming: $226 million (R4.2 billion) in 2024, expected to reach $302 million (R5.6 billion) by 2029 at a 6% CAGR.Nigeria is fast catching up, propelled by Afrobeats, gaming startups, and on-demand streaming platforms:News continues after this adLive music ticket sales: $1 million, with a 1.8% CAGR.Gaming revenue: $176 million, with a 7.4% CAGR the highest among the three.OTT streaming: $19 million, projected to grow at an 8.3% CAGR.
Kenya continues to punch above its weight in East Africa, powered by digital-first consumers and a growing concert scene:Live music ticket sales: $1 million, with a 2.1% CAGR.Gaming revenue: $153 million, with a 6.9% CAGR.OTT streaming: $9 million, with an 8.5% CAGR the region’s fastest rate.What you should know Live and in-person entertainment is making a full comeback after pandemic disruptions. South Africa’s festival circuit featuring ultra–South Africa, Rocking the Daisies, and local icons like Black Coffee continues to attract global audiences. Meanwhile, Nigeria and Kenya are investing heavily in concert culture, leveraging social media promoStreaming platforms are also transforming Africa’s content consumption patterns. Local content strategies, mobile-friendly plans, and 4G penetration are helping OTT platforms retain users despite challenges like high data costs and subscription churn.By 2029, PwC projects that South Africa, Nigeria, and Kenya will collectively add nearly 2 million new OTT subscriptions, with South Africa maintaining over 75% of the regional market share.
Streaming platforms are also transforming Africa’s content consumption patterns. Local content strategies, mobile-friendly plans, and 4G penetration are helping OTT platforms retain users despite challenges like high data costs and subscription churn.By 2029, PwC projects that South Africa, Nigeria, and Kenya will collectively add nearly 2 million new OTT subscriptions, with South Africa maintaining over 75% of the regional market share.
